2016-01-13T15:31:08-06:00 2015-08-31 Foundation Source One Hollow Ln Ste 212 Lake Success NY 11042 990PF 2014-09-01 562048446 Patrick Beaver Scholarship Foundation Inc % Foundation Source PATR 8283250655 2425 North Center Street Hickory NC 28601 Patricia A Anderson Treasurer 8008391754 2016-01-06 true Jeffrey D Haskell P01345770 8008391754 2014 2016-04-25 22:37:26Z X 1583532 X 0 X 104 104 54041 54041 5736 335912 10148 59881 64293 17439 2439 15000 2046 579 9157 177 8980 28642 3195 23980 44508 44508 73150 3195 68488 -13269 61098 21473 53073 53073 762671 712088 995482 546340 552054 534977 1330484 1317215 1583532 0 X 1330484 1317215 1330484 1317215 1330484 1317215 1330484 -13269 1317215 1317215 Publicly-traded Securities 335912 325764 10148 10148 10148 true 1222 1222 1222 1200 1200 X 22 false false false false false false false true true NC true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false false true false false false false false false false false false false true false false false false false false Patricia A Anderson 2425 North Center Street Hickory NC 28601 Dir / Treas 1.0 0 Donald C Beaver 2425 North Center Street Hickory NC 28601 Pres / Dir 1.0 0 Deborah B Looper 2425 North Center Street Hickory NC 28601 Dir 1.0 0 Donna B Malone 2425 North Center Street Hickory NC 28601 Dir 1.0 0 Angela B Simmons 2425 North Center Street Hickory NC 28601 Dir / Sec 1.0 0 1609031 42863 0 1651894 0 1651894 24778 1627116 81356 81356 1222 1222 80134 80134 80134 68488 0 0 0 0 68488 68488 80134 21625 2012 2011 2010 68488 21625 46863 0 0 33271 0 0 NONE Angela B Simmons 2425 N Center Street STE 362 Hickory NC 28601 8283250655 ONLINE VIA FOUNDATION SOURCE REQUESTS WEBSITE FOR PREAPPROVED SCHOLARSHIP PROGRAM NONE CANDIDATES PRIMARILY FROM CATAWBA COUNTY M Sheets BOX 32059 BOONE NC 28608 None I Scholarship Grant 2336 K Mathewson BOX 32059 BOONE NC 28608 None I Scholarship Grant 1250 L Barkley BOX 32059 BOONE NC 28608 None I Scholarship Grant 1875 G Locke BOX 32059 BOONE NC 28608 None I Scholarship Grant 2336 L Barkley BOX 32059 BOONE NC 28608 None I Scholarship Grant 1250 K Mathewson BOX 32059 BOONE NC 28608 None I Scholarship Grant 1250 M Wicker 2550 HWY 70 SE HICKORY NC 28602 None I Scholarship Grant 625 W VanVelsor 2550 HWY 70 SE HICKORY NC 28602 None I Scholarship Grant 750 W VanVelsor 2550 HWY 70 SE HICKORY NC 28602 NONE I Scholarship Grant 750 E Swink 66 GEORGE ST CHARLESTON SC 29424 none I Scholarship Grant 1250 E Swink 66 GEORGE ST CHARLESTON SC 29424 None I Scholarship Grant 2500 R Ferner PO BOX 90759 DURHAM NC 27708 None I Scholarship Grant 1500 C Loflin PO BOX 90759 DURHAM NC 27708 None I Scholarship Grant 1250 C Loflin PO BOX 90759 DURHAM NC 27708 None I Scholarship Grant 1250 C Cummins 833 MONTLIEU AVE HIGH POINT NC 27268 None I Scholarship Grant 1250 C Cummins 833 MONTLIEU AVE HIGH POINT NC 27268 None I Scholarship Grant 1250 T Truong PO BOX 7164 HICKORY NC 28603 None I Scholarship Grant 1250 T Truong PO BOX 7164 HICKORY NC 28603 None I Scholarship Grant 1250 K Mayberry 2016 HARRIS HALL BOX 7302 RALEIGH NC 27695 None I Scholarship Grant 1250 B Reeves 2016 HARRIS HALL BOX 7302 RALEIGH NC 27695 None I Scholarship Grant 1500 J Kennedy 2016 HARRIS HALL BOX 7302 RALEIGH NC 27695 None I Scholarship Grant 1500 K Mayberry 2016 HARRIS HALL BOX 7302 RALEIGH NC 27695 None I Scholarship Grant 1250 J Craft PO BOX 309 CHAPEL HILL NC 27514 None I Scholarship Grant 1250 S Carter PO BOX 309 CHAPEL HILL NC 27514 None I Scholarship Grant 2336 J Craft PO BOX 309 CHAPEL HILL NC 27514 None I Scholarship Grant 1250 S Hunt 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 None I Scholarship Grant 1250 S Hunt 9201 UNIVERSITY CITY BLVD CHARLOTTE NC 28223 None I Scholarship Grant 1250 N Miyazaki PO BOX 7246 WINSTON SALEM NC 27109 None I Scholarship Grant 1250 A Sheets PO BOX 7246 WINSTON SALEM NC 27109 None I Scholarship Grant 1500 N Miyazaki PO BOX 7246 WINSTON SALEM NC 27109 None I Scholarship Grant 1250 L Miller 118 KILLIAN ANX CULLOWHEE NC 28723 None I Scholarship Grant 1250 L Miller 118 KILLIAN ANX CULLOWHEE NC 28723 None I Scholarship Grant 1250 44508 14 104 14 54041 18 5736 59881 59881 false false false false false false false false false false Angela B Simmons ABS LEGACY PARTNERS, A FIRM OWNED BY AN OFFICER OF THE PATRICK BEAVER FAMILY FOUNDATION (THE "FOUNDATION"), WAS PAID $15,000 BY THE FOUNDATION TO PROVIDE Consulting SERVICES. THIS COMPENSATION IS REPORTED ON PART I, LINE 16C TO BE CONSISTENT WITH THE CHARACTER OF THE EXPENSE. THE FIRM BILLED THE FOUNDATION AT OR BELOW MARKET RATES. AES CORP - 8.000% - 10/15/2017 27319 27374 AMERICAN INTL GROUP INC - 5.45 27392 26703 CITIGROUP INC PERP-B NT - 5.90 25687 24563 COMCAST CORP - 5.875% - 02/15/ 29013 27510 COUNTRYWIDE FINANCIAL CORP - 6 27928 25825 DIRECTV HOLDINGS FING - 1.750% 24766 24694 ENBRIDGE ENERGY PTRS LP BOND - 29030 25000 ENERGIZER - 4.700% - 05/19/202 25528 25264 ENTERPRISE PRODUCTS - 7.034% - 27119 26688 FRESENIUS MED CARE - 6.875% - 29000 27062 HCA INC - 4.250% - 10/15/2019 25886 25625 INT'L LEASE FIN CORP - 5.750% 27237 25469 KELLOGG CO SR NT - 1.750% - 05 25232 25081 MERRILL LYNCH & CO INC - 6.050 26525 25763 NETFLIX INC - 5.375% - 02/01/2 26338 25813 PEPSICO INC - 2.250% - 01/07/2 24764 25316 PETROBRAS INTL FIN CO NOTE - 3 25776 24987 SPRINT NEXTEL CORP BD - 6.000% 27344 25563 TELEFONICA EMISIONESSAU - 3.99 25346 25299 WACHOVIA CAPITAL TR BONDS - 5. 23931 24594 YUM! BRANDS INC - 3.875% - 11/ 20893 20784 3M CO 15202 15635 ABBOTT LABS 34550 38497 ANHEUSER BUSCH COS INC 18908 21782 APPLE INC. 47961 56380 BANK OF AMERICA CORP 13931 16340 BECTON DICKINSON & CO 16118 28204 BERKSHIRE HATHAWAY INC. CLASS 36173 100529 BGE CAPITAL TRUST II 37406 38865 BLACKROCK INC 8019 7562 CHEVRON CORP 12362 20248 CHINA MOBILE HGK LTD 24656 32901 COLGATE-PALMOLIVE COMPANY 4298 6281 GENERAL ELECTRIC CO 24591 37230 GOOGLE INC CL C 36674 49460 JOHNSON & JOHNSON 12609 28194 MCDONALD'S CORP 10916 19004 MEDTRONIC PLC 23085 21687 MICROSOFT CORPORATION 10348 21760 NATIONAL GRID TRANSCO PLC 11095 16545 NESTLE S.A. 18028 73649 NIKE INC-CL B 16734 22350 PEPSICO INC 30411 46465 ROYAL DUTCH SHELL PLC 14832 11113 UNILEVER N V N Y 19980 20060 UNITED PARCEL SERVICE 29690 39060 UNITED TECHNOLOGIES CORP 16476 13742 VANGUARD FTSE EMERGING MARKETS 19091 25905 VANGUARD HEALTH CARE ETF 44105 46333 VERIZON COMMUNICATIONS 16812 16104 WAL-MART STORES INC. 40077 45311 WALT DISNEY HOLDINGS CO. 19777 35658 WELLS FARGO & COMPANY DEPOSITA 13017 12800 WHOLE FOODS MARKET, INC. 14156 9828 Administrative Fees 8980 8980 Bank Charges 177 177 CONSULTING FEES 15000 15000 Investment Management Services 2439 2439 990-PF Estimated Tax for 2015 1200 990-PF Excise Tax for 2014 267 Foreign Tax Paid 579 579